![Liam Boggan and Paul Chew, Quantmatix](https://www.techcentral.ie/wp-content/uploads/2024/03/Quantmatix.jpg)
Company welcomes two names to advisory board
Trade
Liam Boggan and Paul Chew, Quantmatix
Dublin-based fintech Quantmatix has closed a funding round worth €2.7 million.
The company, founded in late 2021, uses a proprietary algorithm to predict prices and market performance across diverse asset classes, including equities, fixed income, foreign exchange, cryptocurrencies, and commodities.
The round received support from Halo Business Angel Network and Enterprise Ireland. The company’s, Quantmatix’s advisory board has also added Kevin O’Byrne, investor and senior independent director of Centrica PLC, and David Geraghty, former board member of Meta Ireland.
“This achievement represents the strength of Quantmatix predictive analytics and solidifies the trust emanating from our ever-growing client list of global hedge funds and asset managers. Bolstered by this substantial financial investment, we are poised to swiftly introduce a pioneering SaaS product to family offices and professional investors,” said Liam Boggan, head of Quantmatix
The new funds raised by Quantmatix will be used to expand its sales and marketing base in the US, Middle East and Asia and to support additional jobs and further investment in AI and Big Data analytics as Quantmatix grows to 20 employees.
TechCentral Reporters